5, MARLEY CLOSE, PRESTON, WEYMOUTH, DT3 6DH - £292,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

5 MARLEY CLOSE is a very small detached house of 68m², built sometime between 1967 and 1975, which could now be worth an estimated £286,144. It was last sold for £292,000 in August 2023, which was around 45% below the average August 2023 detached price in the Dorset local authority area. The most recent EPC inspection was June 2023, where the current energy rating was C, and the potential energy rating was B.

5 MARLEY CLOSE Sold Prices

Land registry data shows two sales for 5 MARLEY CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Dorset local authority area for the corresponding sale date. Both of the two 5 MARLEY CLOSE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2023 25 AUG	£292,000	£528,138	45% below HPI
1997 24 JAN	£66,000	£101,623	35% below HPI

5 MARLEY CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Dorset local authority area over time, sourced from the HPI. The two 5 MARLEY CLOSE sales from January 1997 and August 2023 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the January 1997 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the August 2023 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

What might 5 MARLEY CLOSE be worth now?

5 MARLEY CLOSE might now be worth an estimated £286,144.

This is based on house price deflation of 2%, between August 2023 and May 2026, for detached houses, in the Dorset local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2% deflationary decrease is applied to the most recent sale price for 5 MARLEY CLOSE of £292,000 on 25th August 2023. For the value to have decreased from £292,000 to £286,144 over the three years and three months to May 2026, the following assumptions must hold true:

• The value of 5 MARLEY CLOSE has moved in line with the HPI for detached houses in the Dorset local authority area.
• The August 2023 sale price of £292,000 represented a fair market value for the property.
• The size, condition, and specification of 5 MARLEY CLOSE has not materially changed since August 2023.

How Large is 5 MARLEY CLOSE?

5 MARLEY CLOSE is 68m² according to the EPC inspection conducted in June 2023. This puts it in the smallest 10% of detached houses houses in Weymouth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Weymouth, and where 5 MARLEY CLOSE lies on this distribution: 6% of detached houses houses are smaller than 5 MARLEY CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Weymouth.

5 MARLEY CLOSE: Plot and Title Map

5 MARLEY CLOSE sits on a plot of roughly 0.080 of an acre, or 325m². The below map shows the location of 5 MARLEY CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 5 MARLEY CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 5 MARLEY CLOSE?

5 MARLEY CLOSE is located in PRESTON, in the DT3 postcode district. The below map shows the position of No. 5 on MARLEY CLOSE.